ESG Report 2022-2023 - Flipbook - Page 35
HIGHLIGHTS
INTRO
ESG MANAGEMENT SYSTEM
Development of
Sustainable Technology
PRIORITY AREA
APPENDIX
Hankook Tire & Technology ESG Report 2021/22
35
R&D for Sustainable Products
Defining eco-friendly products and refining our goal
Optimizing tire weight
incineration. In particular, more than 40% of end-of-life tires are
Increasing the ratio of eco-friendly products in total sales ―
As part of our R&D efforts to manufacture sustainable products,
either reused or recycled into material, and we are partnering
Just how much of an impact a tire has on the environment is
We have defined eco-friendly products by the overall function
we are working on technology to improve fuel efficiency by
first and foremost determined in the product development
and nature of tires as products that not only satisfy basic safety
reducing the rolling resistance of tires on the road, all while
phase of the lifecycle. Hankook Tire & Technology engages in
performance requirements but also are able to mitigate their
optimizing the weight of tires to minimize resource consumption.
wide-ranging R&D activities to mitigate environmental impacts
environmental footprint in terms of climate change, waste
Our efforts to develop lightweight technology are categorized
by developing technology to minimize the consumption
generation and noise. To ensure that the use of eco-friendly
into improving the structure of each tire component and
of resources while improving fuel efficiency even from the
products contributes to mitigating environmental impacts,
developing tire compounds that help increase fuel efficiency. In
discovery and application of eco-friendly raw materials and
we have set a goal to reach 80% in the share of eco-friendly
2021, lightweight cord and rubber were applied to the launching
by increasing the ratio of products that employ eco-friendly
products from our total sales (based on the number of units).
of our new products – K135, RA45, and W462.
by tire makers, recycling companies, governments and other
technology.
The ratio of eco-friendly products amounted to 52.95% of the
total in 2021, up by nearly 3% from 50.47% the previous year.
Joining the end-of-life tire initiative
ways to establish transparency for end-of-life tires, recycling
In 2021, the ratio of eco-friendly products in total revenue
End-of-life tires are 100% recyclable. Over 90% of collected
amounted to 54.43%.
Developing eco-friendly tire technology ― As part of our efforts
towards eco-friendly tire technology development, we developed
technology to increase the service life of tires while improving
fuel efficiency through the comprehensive analyses of data on
air pressure, sudden acceleration/braking, and idling performed
through the use of tire-mounted sensors. We successfully
demonstrated this technology following a year-long experiment
we conducted on buses equipped with sensors.
tires are disposed of through reuse, material recycling, and
with the tire industry associations of respective countries
to identify appropriate disposal technology to further boost
such numbers. As a member of the Tire Industry Project (TIP)
under the World Business Council for Sustainable Development
(WBCSD), we are teaming up with global tire makers to engage
in a wide spectrum of activities to ensure that end-of-life tires
are appropriately disposed of. In 2021, this project was joined
varying stakeholders across Europe, the US, and China to discuss
technology, and policies conducive to recycling.